AXERA (00600) rose more than 4%, and as of the latest update, the stock was up 3.19% to HK$23.32, with a turnover of HK$11.6644 million. Recently, AXERA showcased its high-end flagship smart driving chip, the M97, at the 2026 Beijing International Automotive Exhibition. A range of smart driving, smart cockpit, and in-cabin intelligent applications (DMS/OMS/CMS) solutions built on AXERA's automotive chips were also exhibited. The company has partnered with multiple smart vehicle industry players to jointly advance the large-scale application and high-end development of smart assisted driving. It is reported that AXERA's M57 chip has officially entered mass production and is installed in models from leading new energy vehicle brands, providing computing power for basic assisted driving systems. The M57 has already secured several designated projects for domestic and international vehicle models. According to analysts, AXERA is a leader in the AI inference system-on-chip (SoC) industry, with its terminal and edge AI products holding significant potential for deployment in visual AI inference and smart driving applications. With the new smart driving product M57 entering mass production, the company is expected to achieve strong growth in 2026. The high-end flagship smart driving product M97 is also anticipated to provide growth momentum; the M97 was successfully powered on in February 2026 and is expected to enter mass production in the first quarter of 2027. Additionally, benefiting from the AI agent trend, the company's edge AI inference business is projected to grow by 226% and 180% year-on-year in 2026 and 2027, respectively.
Comments